This overtime policy guidance template template has 8 pages and is a MS Word file type listed under our human resources documents.
OVERTIME POLICY GUIDANCE All payments given to an employee as remuneration for employment must be included in calculating the employee’s regular rate, except those which [ACT] specifically says may be excluded. Of course, if a payment is not compensation for employment, then it is not a part of the employee’s wages. On the other hand, if a payment is excludable by the [ACT], then it may be ignored when figuring the employee’s regular rate and overtime pay, even though it is remuneration for employment. This chart is not all-inclusive. Although it is an extensive listing of payments that will be confronted in pa